What are the 3 types of M&A

1. Horizontal: Independent companies at the same level in the product chain produce ‘same or similar products' merge into one. 2. Vertical: Companies at different levels in the product chain merges into one, e.g., suppliers buying customers and vice versa. 3. Conglomerate: merger of independent companies producing different products, in different markets – Motives often involve economies of scope or diversification.